US finalizes $9.63 billion loan for Ford, SK On joint battery venture
The U.S. Energy Department finalized a $9.63 billion loan for Ford and SK On to build three battery plants in Kentucky and Tennessee.
Trump transition team plans sweeping rollback of Biden EV, emissions policies
Trump's transition team proposes cutting EV support, imposing global tariffs on battery materials, and rolling back emissions standards.
US EPA says it hasn’t yet decided on California 2035 vehicle waiver
The U.S. EPA says it has not made a decision yet on whether to approve California's plan to end the sale of gasoline-only...
Microsoft expects $800 million impairment charge in Q2 2025 over General Motors’ Cruise exit
Microsoft to take $800M hit from Cruise shutdown, reflecting tech industry's struggles with autonomous vehicle investments.
Wall Street mostly upbeat on GM’s decision to pull the plug on Cruise
GM's Cruise shutdown signals Wall Street's waning patience with autonomous vehicle investments and speculative tech bets.
GM’s Cruise exit turns focus on challenges of scaling robotaxis
GM's exit of Cruise robotaxis shows the costly, long-term challenge of perfecting self-driving tech.
GM to exit Cruise robotaxi business
Automaker General Motors said on Tuesday its majority-owned Cruise business will drop the development of robotaxis.
BYD on track to top 2024 sales goal and outsell Ford, Honda
BYD gains market share in China's fast-growing auto market, poised to exceed 4M annual sales, surpassing Ford and Honda in 2024.
EVgo and GM Surpass 2,000 Public Fast Charging Stalls in the U.S.
Together, the companies doubled their fast-charging footprint over the last year, expanding nationwide access to public fast charging December 4 2024 08:00 AM...
GM to take more than $5 billion in charges on China operations
GM's China division, once profitable, now loses money as local rivals, boosted by subsidies, outpace U.S. and European carmakers.
